Find The Advice You Need
The coronavirus pandemic has brought unprecedented challenges and unprecedented measures to both businesses and individuals across the UK. With information changing on a daily basis our accountants are working hard to advise our clients and keep everyone up-to-date to ensure business and personal finances can get the support they need to survive and recover from this crisis.
This page can link you to the latest advice for your sector, as well as providing some helpful resources, FAQs and contact information for everyone. Please remember, all businesses circumstances are unique, and as such being in close contact with your accounting team is essential. This can be an upsetting and distressing time for small business owners for whom their work is an important part of their identity, here is a useful guide about improving your mental health during the pandemic.
Small Business Advice
Businesses are finding themselves in an unprecedented situation with regards to the coronavirus pandemic. The inevitable economic recession is hard to anticipate due to the nature of this particular virus and we’re not yet sure when we’ll be back to ‘business as usual’. That’s why it’s so important to plan for your business’ short, medium and long term survival at this time.
Many small, independent businesses have been forced to close temporarily and must access the Government’s support schemes to stay afloat, in addition many staff have been furloughed or part furloughed too. Even if you’re a business director and have furloughed yourself you are still allowed to carry out essential business administrative activities. This includes conducting business with your accounting team who may be able to suggest specific financial methods to help your business at this time.
We’re receiving updates and refinements to the support on offer on a daily basis and our team are hard at work taking calls and emails from our clients. Please do keep in contact with us so we can assist you in whatever way possible.
Understandably many small businesses have the same concerns right now, you may find some of the answers you’re looking for on this page – but please feel free to contact us for specific guidance.
Self Employed Advice
Self employed individuals of all types are finding themselves in a situation that they haven’t prepared for, and who can blame them – even the biggest businesses out there (and Governments!!) hadn’t planned for this eventuality either. But here we are, so what do you do now as a self employed person?
When we’re talking to the self employed we understand we’re talking to quite a varied audience, actually. So we first need to narrow down our general advice and announcements to the type of self employed that you are. Most of you will fit into one of the following categories: gig workers, sole trader, freelancer, contractor, business owner/manager. there will, of course, be others, like professional landlords for example – if you’re a landlord please head over to our landlord coronavirus advice page. For anyone else please feel free to contact us for specific tailored advice.
After a bit of prodding the government has announced measures to assist the self employed who can’t work due to the pandemic. However at this time it depends on the type of self employed you are as to what support is available – and sadly there isn’t great news for everyone. But the updates on support are ongoing and there are always measures you can take to keep your small business going at a time like this – you may just have to be willing to diversify.
Landlords Advice
Businesses are finding themselves in an unprecedented situation with regards to the coronavirus pandemic. The inevitable economic recession is hard to anticipate due to the nature of this particular virus and we’re not yet sure when we’ll be back to ‘business as usual’. That’s why it’s so important to plan for your business’ short, medium and long term survival at this time.
Many small, independent businesses have been forced to close temporarily and must access the Government’s support schemes to stay afloat, in addition many staff have been furloughed too. Even if you’re a business director and have furloughed yourself you are still allowed to carry out essential business administrative activities. This includes conducting business with your accounting team who may be able to suggest specific financial methods to help your business at this time.
We’re receiving updates and refinements to the support on offer on a daily basis and our team are hard at work taking calls and emails from our clients. Please do keep in contact with us so we can assist you in whatever way possible.
Understandably many small businesses have the same concerns right now, you may find some of the answers you’re looking for on this page – but please feel free to contact us for specific guidance.
